What is the best time to sell a restaurant?
Timing is defined as the choice, judgment, or control of when something should be done. Most Realtors would tell you the best time to sell a house at its highest price point would be May-August. What is the best time to sell a restaurant? EATS Broker would tell you January is the best time to […]
3 Common Reasons Why New Restaurants Fail (And How to Avoid Them)
Have you ever noticed a beautifully designed new restaurant open in your neighborhood, only to see its windows dark and a “Space Available” sign up just months later? Every year, thousands of passionate entrepreneurs launch culinary concepts with dreams of building a thriving local hotspot. While some possess deep industry backgrounds, a massive wave of […]
4 Reasons Why Fast-Casual Restaurants are Growing
Reasons why Fast-Casual Restaurants are growing can be attributed to a number of factors. When you think of a Fast-Casual Restaurant what is the first thought that comes to your mind? Why are Fast-Casual Restaurants Growing? Most people have an idea but don’t know how a Fast-Casual Restaurant is defined. Ask a person to name […]
Should I Sell My Restaurant? 7 Signs It May Be Time | EATS Broker
Every restaurant owner eventually asks the same question: “Should I sell my restaurant?” For some owners, the question comes after years of building a profitable business and wanting to retire. For others, it comes after burnout, rising food costs, labor challenges, partnership issues, lease concerns, or a lifestyle change. Sometimes the restaurant is still performing […]
5 Reasons I Can’t Sell My Restaurant (And How to Fix It) | EATS Broker
Selling a restaurant can be an emotional and complex journey. Many owners assume that because their food is great or their dining room is full, buyers will line up out the door. However, industry data tells a much more challenging story. According to M&A Today, up to 80% of business owners do not know the […]
What is a Restaurant Broker?
People ask me all the time What is a Restaurant Broker? Restaurant Brokers are specialists trained to facilitate a restaurant transaction between sellers and buyers. On a daily basis Restaurant Brokers are working with professionals in the Restaurant Industry. Some Restaurant Brokers know the financials of a business better than the restaurant owners due to […]
Restaurant For Sale By Owner Common Mistakes
Restaurant For Sale By Owner common mistakes are diverse and wide. A common question I receive monthly as a Restaurant Broker is, “Why list with a Restaurant Business Broker, I can sell my restaurant For Sale by Owner (FSBO)? I understand the question because today’s websites offer sellers potentially cost-effective routes to selling a Restaurant online. […]
How to Sell a Restaurant: The Ultimate Step-by-Step Guide
How to Sell a Restaurant: The Ultimate Step-by-Step Guide Many restaurant owners pour their hearts into daily operations but overlook the most critical part of the business lifecycle: a profitable exit strategy. Stepping away from the kitchen and into the sales process requires a completely different skillset. When it’s time to transition, restaurant ownership typically […]
5 Things Sellers should consider with the lease assignment
5 Things Sellers should consider with the lease assignment: The best day of a Restaurant owner’s life in the business world is usually when they first open the doors to their restaurant! The Restaurant Industry can be a tough business and the second-best day for a Restaurant Owner is usually when they sell the restaurant. […]